Tuesday, 11 May 2021 | 21:01 WIB

Pertamina Signs Gas Purchase Agreement with Conoco-Phillips to Boost Conversion

Pertamina Signs Gas Purchase Agreement with Conoco-Phillips to Boost Conversion (special)

JAKARTA, NETRALNEWS.COM - State-owned energy company Pertamina is encouraging efforts to support the Dumai refinery unit II project by maximizing gas usage in operation.

The fulfillment of the gas requirement will be supplied through gas purchases, which is marked by a Gas Sales and Purchase Agreement between Pertamina and ConocoPhillips (Grissik) Ltd.

Yenni Andayani, Director of Gas at Pertamina, said the gas purchase agreement is set to last for five years from 2018 to 2023, with total contract volume of 65 trillion British thermal units (TBTU).

"This gas purchase will be used to meet gas demand in Dumai Refinery Unit II in the conversion phase and RDMP. This is part of Pertamina's seriousness in encouraging the utilization of gas as fuel for refinery operations more efficiently, "Yenni said in a press release on Sunday (11/05/2017).

 The gas will be supplied from the WK Corridor and field unitization associated with the Corridor Block at the point of delivery at the Grissik Gas Plant Gate. Gas delivery will be conducted in two stages, ie Phase I in mid-2018 to 2020 of 57 Million Standard Cubic Feet per Day (MMCFD) and the second stage in 2021 until the Dumai RDMP project starts at 120 MMCFD.

 Yenni added that the use of gas as an operational fuel at the refinery is one of the answers for Pertamina's downstream business in an effort to improve efficiency in the chain of processing activities. "This is a strategic step, as it will minimize fuel costs in refinery operations," he said.

To support the realization of gas conversion at Dumai refinery, Pertamina is also building a 67-km Duri-Dumai transmission pipeline in collaboration with Transportasi Gas Indonesia.